VW brand sales slip 2.4 percent in November

VW brand sales slip 2.4 percent in November

FRANKFURT (Reuters) – Sales of Volkswagen's namesake brand fell 2.4 percent to 496,100 vehicles in November as Europe's biggest carmaker grappled with a scandal over rigged emissions tests.

The Wolfsburg, Germany-based carmaker on Friday blamed especially tough markets in Russia & Brazil, where deliveries were down 31.8 percent & 51.4 percent, respectively, in the month, for the decline.

"Cumulated, we are 4.5 percent below the year-earlier level now. Considering the challenging current situation for the brand, I do not expect that we will make up for that in the coming days," Juergen Stackmann, sales chief of the VW brand, said in a statement.

(Reporting by Maria Sheahan; Editing by Jonathan Gould)

Source: “Reuters”

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